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Staff Writer | HIT Consultant

5 Requirements of An Effective Revenue Cycle Management Solution

by HITC Staff 05/14/2015 Leave a Comment

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices_revenue cycle management

Considering that the first generation of healthcare IT systems centered primarily on billing technology, it’s interesting to note that for the past several years healthcare organizations have focused most of their attention on clinical transformations driven by national developments such as the Affordable Care Act and Meaningful Use (MU). But now that the MU “wave” is starting to subside, focus is shifting to back-end systems and processes. While many organizations realize that a full
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Care Coordination Market to Reach 26.1% CAGR Between 2015 and 2020

by HITC Staff 05/13/2015 Leave a Comment

Patient Centered Care Must Conform To Patient Values & Cultural Preferences

The care coordination market is expected to grow at a compound annual growth rate (CAGR) of 26.1 percent between 2015 and 2020, according to a recent Frost & Sullivan study. Among the three key market segments addressed in the study, care coordination software deployed by physicians in ambulatory practice is expected to be the fastest growing, at a CAGR of 43.2 percent. It is followed by the hospital market segment at a CAGR of 33.2 percent. Although the largest revenue for 2014 belonged to
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HealthPort, IOD Merge to Create Large-Scale Clinical Data Platform

by HITC Staff 05/13/2015 Leave a Comment

HealthPort

On Tuesday, HealthPort and IOD today an agreement to merge that will create nation’s leading platform for secure clinical data solutions and help position the company for continued innovation and growth.  The proposed merger, facilitated by an investment from New Mountain Capital, will create a new company with combined revenues of more than $450 million and 6,000 professionals serving approximately 18,000 healthcare facilities across the U.S. The combination will significantly benefit all
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nVoq Partners with SyTrue on New Clinical Workflow Documentation Service

by HITC Staff 05/12/2015 Leave a Comment

nVoq Partners with SyTrue on New Clinical Workflow Documentation Service

nVoq, a provider of cloud-based speech recognition workflow optimization solutions for the healthcare industry, today announced general availability for the company’s SayIt “Code Fast” service, available in collaboration with SyTrue. The Code Fast service provides real-time, point-of-care conversion of spoken narratives into structured data categorized with relevant ICD-9, ICD-10, SNOMED, LOINC, or other standards, using SyTrue’s Smart Data platform.  How It Works With the SayIt Code Fast
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Boehringer Ingelheim, Sutter Health Establish Digital Health Research Collaboration

by HITC Staff 05/12/2015 Leave a Comment

Boehringer Ingelheim, Sutter Health Establish Digital Health Research Collaboration

Pharma giant Boehringer Ingelheim and Northern California-based health system Sutter Health has announced the start of a five-year research and health care innovation collaboration, which will explore and test the value of digital health solutions, mobile technologies, and insights from advanced data analytics in the delivery of health care.  The initiatives will combine Boehringer Ingelheim's research and development expertise in novel medications to address unmet therapeutic needs with
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KPMG Completes Acquisition Of Beacon Partners, Inc.

by HITC Staff 05/11/2015 Leave a Comment

KPMG To Acquire Health IT Consulting Firm Beacon Partners

Big 4 firm KPMG LLP today announced today that it has completed the acquisition of all of the assets of Beacon Partners, Inc., a healthcare consulting firm that offers strategic management and clinical and information technology consulting services to healthcare providers. The closing follows the April 12, 2015 announcement of the transaction at the HIMSS15 conference, a leading healthcare IT industry event. Based in Weymouth, Mass., Beacon Partners provides management consulting/advisory
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GMA Named 2015 HIMSS Ambulatory Davies Award Recipient

by HITC Staff 05/11/2015 Leave a Comment

HIMSS Enterprise Davies Award Recipient

Grove Medical Associates of Auburn, Mass., has been named a 2015 HIMSS Ambulatory Davies Award recipient. Since 1994, the HIMSS Nicholas E.Davies Award of Excellence has recognized outstanding achievement of organizations that have utilized health information technology to substantially improve patient outcomes while achieving return on investment. The Davies Awards program promotes electronic health record-enabled improvement in patient outcomes through sharing of case studies and lessons
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14 Centers to Use IBM Watson for Cancer Genetics

by HITC Staff 05/08/2015 Leave a Comment

Fourteen US and Canadian cancer centers announced it will used IBM Watson to compare a patient’s tumor genetic fingerprints to databases of cancer genes and findings of scientific papers and clinical trials on cancer in a matter of minutes, BI reports. Oncology is the first specialty where matching therapy to DNA has improved patient outcomes and has inspired President Obama’s “Precision Medicine Initiative” announced in January. Typically, drugs targeting cancer-causing mutations can takes
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Gartner Names the “Coolest” Vendors for Healthcare Providers and Payers, 2015

by HITC Staff 05/08/2015 Leave a Comment

Gartner Ranks Dell #1 IT Services Provider in Healthcare

New Gartner report highlights 2015's “coolest” innovative vendors for healthcare providers and payers.  What makes a healthcare vendor cool? Innovative solutions that solve real challenges for the healthcare C-suite and payer market, according to recent Gartner reports. Each year, Gartner carefully selects a list of “Cool Vendors” representing innovative technologies and business models. For healthcare providers, these vendors offers provider CIOs, CMIOs and IT leaders offer innovative
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HomeCare Tech Provider eCaring Expands Into Private Pay Market

by HITC Staff 05/07/2015 Leave a Comment

eCaring

eCaring, a leading developer of award-winning Cloud-based home healthcare technology that has proven to save an average of over $4,000 per patient per month by reducing ER visits, hospitalizations and readmissions, substantially lowering patient costs while improving care quality.  This week, eCaring announced that LifeStyle Options, Inc., one of the Chicago’s leading home care companies, has signed an agreement with eCaring to provide its unique Cloud-based care and disease management
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